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$ 325,000
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Active
106 W Main St Shawnee, OH 43782
2,976 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Apartments/Housing, Bar/Tavern, Investment Property (Rental)
Listing Status Active
Purchase Type For Sale
Square Footage 2,976 sqft
Price per Sqft $109
MLS Listing ID 2435083
Year Built 1880
Annual Tax Amount $505
Lot Size 3,920 Sqft
Property Sub-Type Apartments/Housing, Bar/Tavern, Investment Property (Rental)
Property Description
Unlock a rare multi-stream income opportunity in the heart of historic Shawnee, Ohio. This stunning 1880 brick building perfectly blends historic charm, turnkey commercial returns, and residential development upside.The Ultimate Commercial Anchor: Turnkey & Secured. Immediate Cash Flow: Features an active, successful first-floor bar and restaurant across 1,656 finished square feet. Guaranteed Tenancy: The current owner/operator is ready to sign a 10-year leaseback upon sale. Low-Risk Investment: Enjoy steady, predictable commercial rental income from day one with zero tenant search required. The Upstairs Opportunity: A Developer's Blank Slate. The unfinished second floor features soaring ceilings, historic architectural bones, and separate access. It is completely ready to be customized to fit your investment strategy. Option A (High-Yield STR): Convert into two premium efficiency Airbnb rentals to capture the booming local tourism, hiking, and outdoor recreation market. Option B (Stable LTR): Build out one massive, luxury long-term apartment for a reliable, passive secondary income stream.
Location
State OH
County Perry
Zoning Commercial
Interior
Interior Features Flooring- Laminate, Flooring- Tile, Flooring- Concrete
Heating Furnace-Gas
Cooling Cooling System
Exterior
Utilities Available Contact Utility Company
Roof Type Rubber
Building
Foundation Sandstone
Structure Type Brick
Listed by eXp Realty